Plus, installation is simple and quick. In October 2017 we had an idea to maximise the profitability of our customers’ off-highway fleets by using smart sensors and next generation analytics. My team uses data-driven insights to automatically determine for any given lubricant product the right formulation that optimises both costs and quality for the customer. It is the same with renewables. Another example is in shipping. Today, I want to share three areas Shell is extracting value from digital solutions while staying focused on delivering to our customers. The World Economic Forum estimates that digitalisation could provide around $1.6 trillion of value for the oil and gas industry, its customers and wider society by 2025. February 7, 2019 by Matt Brown and Ravi Mahendra. While many energy companies are implementing newer technologies to facilitate grid management, oil and gas companies are turning to digitalisation to improve the decisions behind exploration and production assets. We need to be adaptive, or we’ll be disrupted. A method that promotes an integrated approach to people, technology and organisation is … Increasingly, the customer experience will be one of exploiting software, sensors and semiconductors to analyse their energy use and save money. But we don’t have to wait for EVs to come. Digitalization •Regardless of spelling, it's everywhere •Digitalisation is a rapidly expanding topic in the energy sector •Digitalisation of the energy sector has arrived in corporate reality - But not yet fully in the energy sector's legal departments Putting a solar panel on a domestic roof with a battery is the quickest, cheapest and sometimes only way to get power to people who don’t have it. Across our lubricants supply chain, from manufacturing through to distribution and sales, we are investing more in digital technologies such as data analytics, artificial intelligence and machine learning. What are the energy efficiency opportunities of digitalisation? Enel has issued its 2020-2022 Strategic plan in which the firm plans to increase investments in energy ... Pete Davies of Uniper Technologies tells Kelvin Ross how digital solutions are impacting the conventional power sector ... Jan 21, 2020. The global energy sector is undergoing a dramatic transformation, led by trends in digitalisation and centralisation. We are piloting Shell Accuport, a computer software programme used by ship owners and fleet managers to track how much lubricant is used by the vessel, and real-time locations to optimise delivery. AI thrives on data and the energy resources are flooded with huge chunk of data coming from power grids, wind-farm operations and even oil-companies. Digitalisation can facilitate the development of distributed energy resources, such as household solar PV panels and storage, by creating better incentives and making it easier for producers to store and sell surplus electricity to the grid. What should one do at night or when the sun is behind the clouds? The global energy sector is undergoing a dramatic transformation, led by trends in digitalisation and centralisation. Some clever software and power electronics allows Sonnen to manage everything seamless for the customer and to aggregate all the solar energy not needed by the community of homes so that it can be moved to those within the community that need it. •Smart homes and buildings could reduce global buildings sector demand by 10% (home level reductions up to 30%, building reductions over 30%) Here, we explore the latest technological development for the utility and energy sector. The Digitalisation Zone at Middle East Energy highlights these new technologies to an audience that is looking for ways to digitally transform their operations and business models. But let us be clear these technologies  have already forever changed the oil and gas industry. Digitalisation brings a completely different dynamic. The way the world generates, distributes and consumes power is being reshaped by rapid growth in distributed renewable energy; decentralised gas and oil production; innovation in efficiency; and progress in software and analytics. The answer is store that energy but the issue is that until recently energy storage was just too expensive. In 2017, we launched Shell LubeChat, a user-friendly and AI-enabled online chat robot, a world-first for B2B lubricants customers. Take mail, which, starting in the 1980s, was transformed into email. The aggregation and real-time action of energy assets and industrial loads could provide accurate frequency regulation and demand response, providing new revenue streams for struggling fossil-fuel assets. 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By Prince Osuagwu Key industry experts in the energy sector have called for digitalisation of Nigeria’s energy sector, saying it would further boost the economy. Let me give you an example of how we have embraced a new approach to support our speed to innovate. As Shell, I’m proud to say we have the largest lubricants business in the world and have been market leaders for the past 12 years. We need to be on our toes and we need to make decisions based on these changes. Digitalisation of the energy sector can boost the EU competitiveness and innovation and open new global markets for components (ICT, electronics, etc.) Digitisation. The way the world generates, distributes and consumes power is being reshaped by rapid growth in distributed renewable energy; decentralised gas and oil production; innovation in efficiency; and progress in software and analytics. Our approach to digitalisation is the same as in our R&D function. Already a combination of PV&S (solar PV and storage) makes economic sense in places as far abreast as Italy and Tanzania. This involves the application of new digital technology, such as low-cost cloud computing, the internet of things, big data analytics and blockchain to energy. This is the business model of the Berlin based Mobisol which offers its clients a pay as you go model under which customers use their mobile phones to pay for their own PV&S systems on a monthly basis. To put that into perspective, just 50 petabytes is enough to store all the books that’s ever been written in the world. None of this would have been possible without sensors and massive computing power which have enabled the game changing drilling technologies such as seismic imaging, horizontal drilling, digital oil fields and measurement while drilling. While people are still figuring out whether to call or spell this phenomenon energy digitalisation, digitalization, digitisation or digitization, energy 4.0 or energy digital transformation, it is a disruptor, both on the commercial and the legal side. What is driving industry change? Consumers will increasingly be able to monitor their power usage via a mobile application; they will save money by using energy apps and consoles which show how they can capture lower tariffs; and will exploit time-of-use-pricing to charge home batteries with the cheapest grid power, and integrate their solar panels. This helps us optimise deliveries as our customers save time and money and simplifies processes. The combination of sensors, semiconductors and software will enable in the future the Smart Home and the Smart City as well as autonomous motor vehicles. You might have very different expectations of a company like Shell that has thousands of employees around the world when it comes to speed of innovation. The data collected by this central IT backbone over many years has helped embed a data-driven decision-making culture throughout the organisation. These decisions could make the difference between thriving and just surviving. The pace of digitalisation in energy is increasing rapidly. We are creating services that enable them to do that. Software are the brains used to control and operate different types of semiconductor such as microchips, power controllers and LEDs. And the impact has already been big as can be seen in the hundreds of billions of dollars that have been wiped off the value of many of our major energy incumbents. A critical success factor that we’ve done is to standardise many of our processes in countries across the globe. The shale revolution has enabled the United States to increase oil and gas production by close to 50% over the last five years. Digitalisation enables “smart” buildings, vehicles and industrial facilities to provide new sources of flexible load to the energy system, which can help to reduce renewables curtailment on the supply side and support communities to consume energy produced themselves, "behind the meter". The energy sector is a relatively early adopter of digitalisation, with real-time monitoring equipment, automation and data analytics. By tapping into the enormous potential offered by cutting-edge technologies, now is the time to make deeper customer engagement a reality in the global energy industry at MEE 2021. “Energy & Digitalisation: Artificial Intelligence (AI) ... AI and energy sector are a perfect match to each other. The batteries enable the customer to avoid feeding solar into the grid at 10 cents and buying from the power retailer at 30 cents. 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